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8 January, 04:28

A high-definition tv costs a company $3,300 to manufacture. if it sells for $6,732, what is the percent markup based on cost? (round to the nearest whole percent)

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  1. 8 January, 08:19
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    The cost of TV to the company = $3300 Selling price of TV = $6732 Hence Markup = 6732-3300 = $3432 Percentage Markup = 3432/3300 x 100 = 104% Hence percentage markup cost = 104%
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